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See how verdicts work1-bedroom flat · CA12 5DQ
For saleReduced £6k (−2.9%) on 22 MayListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Balmoral House is a block of 7 apartments, number two is a second floor self contained apartment, accessed via an external stair case, with allocated parking space within level walking distance of Keswick town centre.
Currently a second home, but could be a successful holiday let or would equally make a primary home.
The property does require some modernisation, with a sitting/dining room leading into the kitchen, shower room with separate WC and a good size double bedroom which looks over the town centre to the surrounding Lakeland fells.
EPC Rating: E Living Room 2.95m x 3.68m Window and door to front aspect, feature electric fireplace with wooden surround, electric heater.
Kitchen 2.55m x 1.93m A range of matching wall and base units, tiled splash back, gas hob with extractor over, oven, stainless steel sink, drainer and mixer tap, space for a under counter fridge, space for a washing machine, and a wall mounted fold away dining table.
Shower Room 1.52m x 1.65m Shower cubicle with electric shower, wash hand basin, heated towel rail and separate WC.
Bedroom 2.98m x 3.72m Window to rear aspect overlooking the town centre and Lakeland fells and space for electric heater. Services Main electric, water & drainage.
Electric heating and double glazing installed.
Please note: measurements are approximate so may reflect the maximum dimensions and the mention of any appliances/services within these particulars does not imply that they are in full and efficient working order.
Tenure The leasehold is 99 years from 1 April 1989.
There service charge is £339.14 for the period 1 Oct 25 to 31 March 26, this covers maintenance of communal areas and there is no ground rent.
Directions The property can easily be located using postcode CA12 5DQ or can otherwise be found using what3words location ///debut.pheasants.pampering Referral & Other Payments PFK works with preferred providers for services relating to buying or selling property.
These providers offer competitive pricing, but you are under no obligation to use them and are free to choose alternatives.
If you do use these services, PFK may receive a referral fee as follows (all figures include VAT): • Conveyancing (Napthens LLP, Bendles LLP, Scott Duff & Co, Knights PLC, Newtons Ltd): £120 to £210 per completed sale or purchase.
• Auction-If you decide to sell your property via Auction House Cumbria following our introduction, the average referral fee earned for 2025 was £2,398 and is dependent on the final sale price.
• Financial Services (Emma Harrison Financial Services): average referral fee of £221 in 2024 for arranging mortgages, insurance, and related products.
• EPC and Floorplans (M & G EPCs Ltd): £35 for EPC & Floorplan, £24 for EPC only, £6 for Floorplan only.
• Anti-Money Laundering (AML) Checks (via Landmark)between £8.50 and £15.50 Parking - Allocated parking Parking off road.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Lake Road, Balmoral House Lake Road, CA12
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